We are the only full service law firm with a department exclusively devoted to appealing New York City real estate tax assessments and other related real estate matters.
The City of New York reassesses all properties on an annual basis. Real estate tax certiorari is the legal process by which a property owner can challenge the real estate tax assessment on a given property to reduce its real estate taxes. Many real estate developers, owners and managers in New York City may not be familiar with the intricacies of the tax certiorari process. Navigating the process requires a deep working knowledge of the real property valuation principles and City policies.
We are the only full service law firm with a department exclusively devoted to appealing New York City real estate tax assessments and other related real estate matters. Our lawyers provide guidance to commercial, residential, hotel and industrial property owners, providing sophisticated solutions to maintain a competitive edge in the marketplace by appealing the City’s property valuation estimates for real estate tax purposes. We represent a significant number of the largest and highest profile properties in the city.
Our success comes from an ability to craft real estate tax strategies for owners of all types of real property. For example:
- Clients choose us for their most complicated cases due to the significant strength of our valuation analysis and negotiating skill. Utilizing sophisticated proprietary databases and models, we tailor the approach to the unique circumstances of each property to provide the most compelling argument for tax relief to the Tax Commission.
- We have successfully negotiated multi-million dollar assessment reductions for office buildings, retail stores, shopping centers, hotels, industrial facilities and residential properties (including rental buildings, cooperatives and condominiums).
- Our lawyers have many years of experience handling complex real estate tax matters in administrative agency hearings and judicial proceedings. They include the former chief counsel to the New York City Finance Department.
- Our lawyers have a stellar reputation and significant experience in guiding clients through the tax certiorari process, negotiating reductions in assessed value before the New York City Tax Commission, New York City Law Department. Should litigation become a necessity, we can leverage our full service resources to provide our clients with representation through the judicial appeals process.
- We regularly handle applications for real property tax exemptions with the New York City Department of Finance, Department of Housing Preservation and Development, Economic Development Corporation and the Industrial Development Agency.
- Our lawyers have extensive experience counseling clients on how to leverage various tax incentive programs, including the Industrial & Commercial Abatement Program (ICAP), 420a, 421a and the Affordable New York Housing Program, to achieve their tax savings goals.
In The Spotlight
NewsBack To Service
September 16, 2019 | City & State New York
Charles Moerdler Named to ‘Bronx Power 100’
September 21, 2017 | Commercial Observer
Joseph Giminaro quoted in "With Stores Closing, How Come Property Values—and Tax Assessments—Are Still Sky High?"
January 17, 2017 | GlobeSt.com
Thomas Zampino featured in "Stroock Boosts RE Tax Practice"
January 13, 2017
Stroock Welcomes Thomas Zampino as Special Counsel to its Tax Certiorari Practice
January 13, 2015
Stroock Names Two New Partners And Five Special Counsel
December 18, 2014
Stroock Wins Unanimous Decision for Middle-Class Residents of Trump Village 3, Inc.
November 19, 2007
Stroock Wins $60 Million in Assessment Cuts for Trump Parc Condominium
February 20, 2007
Stroock Expands Tax Certiorari Practice: Glenn Borin and Joseph Giminaro Named Co-Managers of Practice
PublicationsBack To Service
January 8, 2018 | Stroock Special Bulletin
"Application Process for New York City Cooperative and Condominium Property Tax Abatements"
November 20, 2017 | Stroock Special Bulletin
“New York City Finalizes 2017/18 Real Estate Tax Rates”
January 23, 2017 | Stroock Special Bulletin
"Update: Application Process for New York City Cooperative and Condominium Property Tax Abatements"
January 19, 2017 | Stroock Special Bulletin
"New York Significantly Increases Real Estate Tax Assessments for 2017/18"
November 30, 2016 | Stroock Special Bulletin
"New York City Finalizes 2016/17 Real Estate Tax Rates"
September 18, 2014
"New York City Releases 2014/15 Real Estate Tax Rates"
November 19, 2013
"New York City Releases 2013/14 Real Estate Tax Rates"
June 17, 2013
"Reminder: New York City’s RPIE Filings Are Due by September 1, 2013"
May 1, 2013
"The 2013 Tax Abatement Statute"
December 19, 2012
"Avoid Severe Penalties for Late Payment of $175 Tax Commission Filing Fee"
November 15, 2012
"New York City Releases 2012/13 Real Estate Tax Rates"
October 11, 2012
"Stroock Wins $21 Million Tax Case Against City of New York"
June 18, 2012
Important Changes to New York City’s RPIE Filings (Due by September 4, 2012)
December 1, 2011
"New York City Releases 2011/12 Real Estate Tax Rates"
June 22, 2011
"Important Changes to New York City’s RPIE Filings (Due By September 1, 2011)"
August 10, 2010
"NYC Tax Commission to Impose Small Filing Fee for High Value Properties"
June 28, 2010
"Important Changes to New York City’s RPIE Filings (Due By September 1, 2010)"
November 24, 2009
"How to Reduce Your Property Tax Assessment"By: Leonard Boxer
November 23, 2009
"New York City Releases 2009/10 Real Estate Tax Rates"
October 30, 2009
“New York State Court Of Appeals Issues Decision in Stuyvesant Town/Peter Cooper Village Case”
July 15, 2009
“This Year’s RPIE 08 Filing Deadline is September 1, 2009”
April 2, 2009
“New City Procedures Assist Developers, Owners and the Environment”
"Does Your Condo Have Tax Appeal?"
December 24, 2008
"New NYC Real Estate Tax Rates for 2008/09 Tax Year"
September 26, 2008
"New York City Considers Property Tax Rate Increases '
July 15, 2008
“New York City Releases New Real Estate Tax Rates”
July 9, 2008
“This Year’s RPIE 07 Filing Deadline is September 2, 2008”
"New York City to Issue Real Estate Tax Bills for 2008/2009"
“RPIE – 06: Real Property Income & Expense Filing”
EventsBack To Service
November 12-13, 2014
Massey Knakal Multifamily Summit
September 20, 2010
REBNY Law and Real Estate Graduate Course
Thursday, January 28, 2010
Stroock Event - Managing Real Estate Taxes in Turbulent Times: Overview of the 2010/11 Tax Assessment Roll & Appeal Process
Lawyers In This GroupBack To Service
|Thomas Zampino||Special Counsel||
|Kevin L. Smith||Senior Counsel||
|Jessica L. Goldstein||Associate||
|Joseph B. Giminaro||Partner||
|Charles G. Moerdler||Partner||